DarioHealth Corp Backtesting

DRIO -- USA Stock  

USD 1.35  0.03  2.27%

With this equity back-testing module your can estimate the performance of a buy and hold strategy of DarioHealth Corp and determine expected loss or profit from investing in DarioHealth Corp over given investment horizon. Additionally see DarioHealth Corp Hype Analysis, DarioHealth Corp Correlation, DarioHealth Corp Valuation, DarioHealth Corp Volatility as well as analyze DarioHealth Corp Alpha and Beta and DarioHealth Corp Performance.
 Time Horizon     30 Days    Login   to change
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DarioHealth Corp 'What if' Analysis

June 21, 2018
0.00
No Change 0.00  0.0%
In 30 days
July 21, 2018
0.00
If you would invest  0.00  in DarioHealth Corp on June 21, 2018 and sell it all today you would earn a total of 0.00 from holding DarioHealth Corp or generate 0.0% return on investment in DarioHealth Corp over 30 days. DarioHealth Corp is related to or competes with Agilent Technologies, Laboratory of, DexCom, Exact Sciences, Fluidigm, and FULGENT GENETICS. DarioHealth Corp., a digital health company, develops and commercializes patented and proprietary technologies providing...

DarioHealth Corp Upside/Downside Indicators

Information Ratio0.14
Maximum Drawdown13.59
Value At Risk5.59
Potential Upside4.58
  

DarioHealth Corp Market Premium Indicators

Risk Adjusted Performance0.05
Jensen Alpha0.07
Total Risk Alpha1.04
Treynor Ratio0.1536

DarioHealth Corp Backtested Returns

Macroaxis considers DarioHealth Corp to be unusually risky. DarioHealth Corp secures Sharpe Ratio (or Efficiency) of -0.1259 which denotes DarioHealth Corp had -0.1259% of return per unit of risk over the last 1 month. Macroaxis philosophy towards predicting risk of any stock is to look at both systematic and un-systematic factors of the business, including all available market data and technical indicators. DarioHealth Corp exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm DarioHealth Corp Coefficient Of Variation of 968.48 and Mean Deviation of 2.48 to check risk estimate we provide. Macroaxis gives DarioHealth Corp performance score of 0 on a scale of 0 to 100. The firm shows Beta (market volatility) of -2.2936 which denotes to the fact that as returns on market increase, returns on owning DarioHealth Corp are expected to decrease by larger amounts. On the other hand, during market turmoil, DarioHealth Corp is expected to significantly outperform it.. Even though it is essential to pay attention to DarioHealth Corp historical returns, it is always good to be careful when utilizing equity current trending patterns. Macroaxis philosophy towards predicting future performance of any stock is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. DarioHealth Corp exposes twenty-one different technical indicators which can help you to evaluate its performance. DarioHealth Corp has expected return of -0.4248%. Please be advised to confirm DarioHealth Corp Standard Deviation, Maximum Drawdown as well as the relationship between Maximum Drawdown and Expected Short fall to decide if DarioHealth Corp past performance will be repeated at some point in the near future.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation(0.54) 

Good reverse predictability

DarioHealth Corp has good reverse predictability. Overlapping area represents the amount of predictability between DarioHealth Corp time series from June 21, 2018 to July 6, 2018 and July 6, 2018 to July 21, 2018. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of DarioHealth Corp price movement. The serial correlation of -0.54 indicates that about 54.0% of current DarioHealth Corp price fluctuation can be explain by its past prices. Given that DarioHealth Corp has negative autocorrelation for selected time horizon, investors may consider taking a contrarian position regarding future price movement of DarioHealth Corp for similar time interval.
Correlation Coefficient -0.54
Spearman Rank Test -0.09
Average Price 1.35
Lagged Average Price 1.34

DarioHealth Corp lagged returns against current returns

 Current and Lagged Values 
      Timeline 

DarioHealth Corp regressed lagged prices vs. current prices

 Current vs Lagged Prices 
      Timeline 

DarioHealth Corp Lagged Returns

 Regressed Prices 
      Timeline 

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Pair Correlation

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Pair Correlation

Equities Pair Trading Analysis
Correlation analysis and pair trading evaluation for DarioHealth Corp and Agilent Technologies. Pair trading can be used as a hedging technique within a particular sector or industry or even over random equities to generate better risk-adjusted return
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Additionally see DarioHealth Corp Hype Analysis, DarioHealth Corp Correlation, DarioHealth Corp Valuation, DarioHealth Corp Volatility as well as analyze DarioHealth Corp Alpha and Beta and DarioHealth Corp Performance. Please also try Cryptocurrency Correlation module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins and exchanges.
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